Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis

[MrSpasybo]

December 31st, 2020
It’s another mixed start for the day for the majors. A move back through early highs would support a run at the major resistance levels.

Ethereum
Ethereum rallied by 2.88% on Wednesday. Following on from a 0.29% gain on Tuesday, Ethereum ended the day at $752.86.

Another mixed start to the day saw Ethereum rise to an early morning high $746.86 before hitting reverse.

Falling short of the first major resistance level at $751.61, Ethereum slid to a late morning intraday low $717.00.

Steering clear of the first major support level at $699.95, Ethereum rallied to a late intraday high and a new swing hi $759.00.

Ethereum broke through the first major resistance level at $751.61 before a brief pullback to $741 levels.

In the final hour, however, Ethereum broke back through the first major resistance level to wrap up the day at $752levels.

At the time of writing, Ethereum was up by 0.34% to $755.42. A mixed start to the day saw Ethereum fall to an early morning low $751.54 before rising to a high $755.69.

Ethereum left the major support and resistance levels untested early on.

For the day ahead
Ethereum would need to avoid a fall through the pivot level at $742.95 to support a run at the first major resistance level at $768.91.

Support from the broader market would be needed, however, for Ethereum to break out from Wednesday’s high $759.00.

Barring an extended crypto rally, the first major resistance level and resistance at $775 would likely cap any upside.

In the event of another extended crypto rally, Ethereum could test resistance at $800 before any pullback. The second major resistance level sits at $784.95.

Failure to avoid a fall through the $742.95 pivot would bring the first major support level at $726.91 into play.

Barring an extended sell-off, however, Ethereum should steer well clear of sub-$700 levels. The second major support level at $700.95 should limit any downside.

Looking at the Technical Indicators
First Major Support Level: $726.91

Pivot Level: $742.95

First Major Resistance Level: $768.91

23.6% FIB Retracement Level: $599

38.2% FIB Retracement Level: $500

62% FIB Retracement Level: $340

Litecoin
Litecoin rose by 1.10% on Wednesday. Reversing a 0.76% decline from Tuesday, Litecoin ended the day at $130.11.

It was a mixed start to the day. Litecoin rose to an early morning intraday high $132.89 before hitting reverse.

Coming up against the first major resistance level at $132.91, Litecoin fell to a late morning intraday low $122.60.

Steering clear of the first major support level at $122.24, Litecoin found late support to close out the day in the green.

At the time of writing, Litecoin was down by 0.22% to $129.83. A mixed start to the day saw Litecoin rise to an early morning high $130.35 before falling to a low $129.44.

Litecoin left the major support and resistance levels untested early on.

For the day ahead
Litecoin would need to avoid a fall through the $128.53 pivot to support a run at the first major resistance level at $134.47.

Support from the broader market would be needed, however, for Litecoin to break out from Wednesday’s high $132.89.

Barring an extended crypto rally, the first major resistance level and resistance at $135 would likely cap any upside.

In the event of another extended breakout, Litecoin could test resistance at $140 before any pullback. The second major resistance level sits at $138.82.

Failure to avoid a fall through the $128.53 pivot level would bring the first major support level at $124.18 into play.

Barring an extended sell-off on the day, however, Litecoin should steer clear of sub-$120 levels. The second major support level sits at $118.24.

Looking at the Technical Indicators
First Major Support Level: $124.18

Pivot Level: $128.53

First Major Resistance Level: $134.47

23.6% FIB Retracement Level: $112

38.2% FIB Retracement Level: $96

62% FIB Retracement Level: $69

Ripple’s XRP
Ripple’s XRP fell by 4.51% on Wednesday. Following on from a 10.65% slide on Tuesday, Ripple’s XRP ended the day at $0.21138. It was the 6th consecutive day in the red for Ripple’s XRP.

Tracking the broader market, Ripple’s XRP rose to an early morning high $0.22356 before hitting reverse.

Falling short of the major resistance levels, Ripple’s XRP slid to an early morning intraday low $0.19186.

Steering clear of the first major support level at $0.1785, Ripple’s XRP struck a late afternoon intraday high $0.23739.

Falling short of the first major resistance level at $0.2576, however, Ripple’s XRP slid back to $0.20 levels before wrapping up the day at $0.21 levels.

At the time of writing, Ripple’s XRP was up by 0.08% to $0.21013. A mixed start to the day saw Ripple’s XRP rise to an early morning high $0.21142 before falling to a low $0.20802.

Ripple’s XRP left the major support and resistance levels untested early on.

For the day ahead
Ripple’s XRP will need to move through the $0.2135 pivot level to bring the first major resistance level at $0.2352 into play.

Support from the broader market would be needed, however, for Ripple’s XRP to break back through to $0.23 levels.

Barring another extended crypto rally, the first major resistance and Wednesday’s high $0.23739 would likely cap any upside.

In the event of an extended rally, the second major resistance at $0.2591 would likely come into play.

Failure to move through the $0.2135 pivot would bring the first major support level at $0.1897 into play.

Barring another extended crypto sell-off, Ripple’s XRP should avoid the second major support level at $0.1680.

Looking at the Technical Indicators
First Major Support Level: $0.1897

Pivot Level: $0.2135

First Major Resistance Level: $0.2352

23.6% FIB Retracement Level: $0.6274

38.2% FIB Retracement Level: $0.5285

62% FIB Retracement Level: $0.3687

[MrSpasybo]

January 1st, 2021
It’s a bullish start to the day for the majors, with Litecoin leading the way. Steering clear of the pivot levels would support further upside.

Ethereum
Ethereum fell by 2.02% on Thursday. Partially reversing a 2.88% rally from Wednesday, Ethereum ended the day at $737.67.

Another mixed start to the day saw Ethereum rise to an early morning high $755.90 before hitting reverse.

Falling short of the first major resistance level at $768.91, Ethereum slid to an early afternoon intraday low $724.00.

Ethereum fell through the first major support level at $726.91 before briefly revisiting $747 levels.

A bearish end to the day, however, saw Ethereum fall back to sub-$740 levels.

At the time of writing, Ethereum was up by 1.16% to $746.24. A mixed start to the day saw Ethereum fall to an early morning low $731.00 before rising to a high $750.00.

Ethereum left the major support and resistance levels untested early on.

For the day ahead
Ethereum would need to avoid a fall through the pivot level at $739.19 to support a run at the first major resistance level at $765.38.

Support from the broader market would be needed, however, for Ethereum to break out from the morning high $750.00.

Barring an extended crypto rally, the first major resistance level and Thursday’s high $755.90 would likely cap any upside.

In the event of another extended crypto rally, Ethereum could test the second major resistance level at $771.09.

Failure to avoid a fall through the $739.19 pivot would bring the first major support level at $722.48 into play.

Barring an extended sell-off, however, Ethereum should steer well clear of sub-$700 levels. The second major support level at $707.29 should limit any downside.

Looking at the Technical Indicators
First Major Support Level: $722.48

Pivot Level: $739.19

First Major Resistance Level: $754.38

23.6% FIB Retracement Level: $599

38.2% FIB Retracement Level: $500

62% FIB Retracement Level: $340

Litecoin
Litecoin slid by 4.37% on Thursday. Reversing a 1.10% gain from Wednesday, Litecoin ended the day at $124.41.

It was a bearish start to the day. Litecoin slid from an early morning intraday high $130.35 to an early afternoon intraday low $122.00.

The reversal saw Litecoin fall through the first major support level at $124.18 before wrapping up the day at $124.4 levels.

Resistance at $125 pinned Litecoin back in the second half of the day.

At the time of writing, Litecoin was up by 7.27% to $133.45. A mixed start to the day saw Litecoin fall to an early morning low $123.19 before striking a high $134.22.

Litecoin broke through the first major resistance level at $129.17 to test the second major resistance level at $133.94 early on.

For the day ahead
Litecoin would need to avoid a fallback to sub-$130 levels to support a run at $135 levels. Support from the broader market would be needed, however, for Litecoin to break out from the second major resistance level at $133.94.

Barring an extended crypto rally, the second major resistance level and resistance at $135 would likely cap any upside.

In the event of another extended breakout, Litecoin could test resistance at $140 before any pullback. The third major resistance level sits at $142.29.

A fall back through the first major resistance level at $129.18 would bring the $125.59 pivot level into play before any recovery.

Barring an extended sell-off on the day, however, Litecoin should steer clear of  sub-$125 levels. The first major support level sits at $120.82.

Looking at the Technical Indicators
First Major Support Level: $120.82

Pivot Level: $125.59

First Major Resistance Level: $129.17

23.6% FIB Retracement Level: $112

38.2% FIB Retracement Level: $96

62% FIB Retracement Level: $69

Ripple’s XRP
Ripple’s XRP rose by 3.82% on Thursday. Partially reversing a 4.51% slide from Wednesday, Ripple’s XRP ended the day at $0.21950. It was the first daily gain in 7-days.

A mixed start to the day saw Ripple’s XRP fall to an early morning intraday low $0.20520 before finding support.

Steering clear of the first major support level at $0.1897, Ripple’s XRP rose to a late morning intraday high $0.22927.

Falling short of the first major resistance level at $0.2352, however, Ripple’s XRP slid back to $0.215 levels before revisiting $0.228 levels.

In spite of a bearish end to the day, Ripple’s XRP held avoided a fall back into the red.

At the time of writing, Ripple’s XRP was up by 2.09% to $0.22409. A mixed start to the day saw Ripple’s XRP fall to an early morning low $0.21601 before rising to a high $0.22790.

Ripple’s XRP left the major support and resistance levels untested early on.

For the day ahead
Ripple’s XRP will need to avoid a fall back through the $0.2180 pivot level to bring the first major resistance level at $0.2308 into play.

Support from the broader market would be needed, however, for Ripple’s XRP to break back through to $0.23 levels.

Barring another extended crypto rally, the first major resistance would likely cap any upside.

In the event of an extended rally, Ripple’s XRP could test resistance at $0.24 before any pullback. The second major resistance sits at $0.2421.

Failure to avoid a fall through the $0.2180 pivot would bring the first major support level at $0.2067 into play.

Barring another extended crypto sell-off, Ripple’s XRP should avoid sub-$0.20 levels. The second major support level sits at $0.1939.

Looking at the Technical Indicators
First Major Support Level: $0.2067

Pivot Level: $0.2180

First Major Resistance Level: $0.2308

23.6% FIB Retracement Level: $0.6274

38.2% FIB Retracement Level: $0.5285

62% FIB Retracement Level: $0.3687

[MrSpasybo]

January 2nd, 2021
It’s a bearish start to the day for the majors. A move through the pivot levels would support a run at the resistance levels.

Ethereum
Ethereum fell by 0.94% on Friday. Following on from a 2.02% decline on Thursday, Ethereum ended the day at $730.99.

Another mixed start to the day saw Ethereum rise to an early morning high $750.00 before hitting reverse.

Falling short of the first major resistance level at $754.38, Ethereum slid to an early evening intraday low $717.10.

Ethereum fell through the first major support level at $722.48 before briefly revisiting $732 levels.

A bearish end to the day, however, saw Ethereum ease back to end the day at sub-$731 levels.

At the time of writing, Ethereum was down by 0.58% to $726.73. A mixed start to the day saw Ethereum rise to an early morning high $732.00 before falling to a low $726.33.

Ethereum left the major support and resistance levels untested early on.

For the day ahead
Ethereum would need to move through the pivot level at $732.70 to support a run at the first major resistance level at $748.29.

Support from the broader market would be needed, however, for Ethereum to break out from $745 levels.

Barring an extended crypto rally, the first major resistance level and Friday’s high $750.00 would likely cap any upside.

In the event of another extended crypto rally, Ethereum could test resistance at $770 before any pullback. The second major resistance level sits at $765.6.

Failure to move through the $732.70 pivot would bring the first major support level at $715.39 into play.

Barring an extended sell-off, however, Ethereum should steer well clear of sub-$700 levels. The second major support level sits at $699.80.

Looking at the Technical Indicators
First Major Support Level: $715.39

Pivot Level: $732.70

First Major Resistance Level: $748.29

23.6% FIB Retracement Level: $599

38.2% FIB Retracement Level: $500

62% FIB Retracement Level: $340

Litecoin
Litecoin rose by 1.70% on Friday. Partially reversing a 4.37% slide from Thursday, Litecoin ended the day at $126.53.

It was a mixed start to the day. Litecoin fell to an early morning intraday low $123.19 before making a move.

Steering clear of the first major support level at $120.82, Litecoin surged to an early morning intraday high $134.22 before hitting reverse.

Litecoin broke through the first major resistance level at $129.17 and the second major resistance level at $133.94.

The reversal saw Litecoin slide back to sub-$124 levels and into the red.

Finding late support, however, Litecoin recovered to wrap up the day at $126 levels.

At the time of writing, Litecoin was down by 0.90% to $125.39. A bearish start to the day saw Litecoin fall from an early morning high $126.59 to a low $125.15.

Litecoin left the major support and resistance levels untested early on.

For the day ahead
Litecoin would need to move through the $127.98 pivot level to support a run at the first major resistance level at $132.77.

Support from the broader market would be needed, however, for Litecoin to break back through to $130 levels.

Barring an extended crypto rally, the first major resistance level and Friday’s high $134.22 would likely cap any upside.

In the event of another extended breakout, Litecoin could test resistance at $140 before any pullback. The second major resistance level sits at $139.01.

Failure to move through the $127.98 pivot level would bring the first major support level at $121.74 into play before any recovery.

Barring an extended sell-off on the day, however, Litecoin should steer clear of the second major support level at $116.95.

Looking at the Technical Indicators
First Major Support Level: $121.74

Pivot Level: $127.98

First Major Resistance Level: $132.77

23.6% FIB Retracement Level: $112

38.2% FIB Retracement Level: $96

62% FIB Retracement Level: $69

Ripple’s XRP
Ripple’s XRP rallied by 8.23% on Friday. Following on from a 3.82% gain on Thursday, Ripple’s XRP ended the day at $0.23804. It was just the 2nd daily gain in 8-days.

A mixed start to the day saw Ripple’s XRP fall to an early morning intraday low $0.21601 before finding support.

Steering clear of the first major support level at $0.2067, Ripple’s XRP rallied to a late afternoon intraday high $0.25092.

Ripple’s XRP broke through the first major resistance level at $0.2308 and the second major resistance level at $0.2421.

Coming up against resistance at $0.25, Ripple’s XRP fell back through the major resistance levels to sub-$0.23 levels.

Finding late support, however, Ripple’s XRP broke back through the first major resistance level to wrap up the day at $0.238 levels.

At the time of writing, Ripple’s XRP was down by 0.51% to $0.23682. A bearish start to the day saw Ripple’s XRP fall from an early morning high $0.23814 to a low $0.23486.

Ripple’s XRP left the major support and resistance levels untested early on.

For the day ahead
Ripple’s XRP will need to avoid a fall back through the $0.2350 pivot level to bring the first major resistance level at $0.2540 into play.

Support from the broader market would be needed, however, for Ripple’s XRP to break back through to $0.25 levels.

Barring another extended crypto rally, the first major resistance would likely cap any upside.

In the event of an extended rally, Ripple’s XRP could test resistance at $0.28 before any pullback. The second major resistance sits at $0.2699.

Failure to avoid a fall back through the $0.2350 pivot would bring the first major support level at $0.2191 into play.

Barring another extended crypto sell-off, Ripple’s XRP should avoid sub-$0.21 levels. The second major support level sits at $0.2001.

Looking at the Technical Indicators
First Major Support Level: $0.2191

Pivot Level: $0.2350

First Major Resistance Level: $0.2540

23.6% FIB Retracement Level: $0.6274

38.2% FIB Retracement Level: $0.5285

62% FIB Retracement Level: $0.3687

[MrSpasybo]

January 4th, 2021
It’s a mixed start to the day for the majors. Failure to move through the early morning highs would bring support levels into play.

Ethereum
Ethereum surged by 26.46% on Sunday. Following on from a 6.06% rally on Saturday, Ethereum ended the week up by 43.3% to $980.44.

Another mixed start to the day saw Ethereum fall to an early morning intraday low $770.00 before making a move.

Steering clear of the first major support level at $730.61, Ethereum surged to a late intraday high and a new swing hi $1,015.14.

Ethereum broke through the day’s major resistance levels to visit $1,000 levels for the first time.

In spite of a late pullback, Ethereum avoided the third major resistance level at $907.89.

At the time of writing, Ethereum was up by 0.42% to $984.58. A mixed start to the day saw Ethereum rise to an early morning high $995.99 before falling to a low $970.06.

Ethereum left the major support and resistance levels untested early on.

For the day ahead
Ethereum would need to avoid a fall through the pivot level at $921.86 to support a run at the first major resistance level at $1073.72.

Support from the broader market would be needed, however, for Ethereum to break out from Sunday’s high $1015.14.

Barring an extended crypto rally, the first major resistance level and resistance at $1,100 would likely cap any upside.

In the event of another extended crypto rally, Ethereum could test resistance at $1,200 before any pullback. The second major resistance level sits at $1,167.

Failure to avoid a fall through the $921.86 pivot would bring the first major support level at $828.58 into play.

Barring an extended sell-off, however, Ethereum should steer well clear of sub-$800 levels. The second major support level sits at $676.72.

Looking at the Technical Indicators
First Major Support Level: $828.58

Pivot Level: $921.86

First Major Resistance Level: $1,073.72

23.6% FIB Retracement Level: $795

38.2% FIB Retracement Level: $658

62% FIB Retracement Level: $438

Litecoin
Litecoin rallied by 17.81% on Sunday. Following on from an 8.38% gain on Saturday, Litecoin ended the week up by 26.5% to $161.52.

It was a mixed start to the day. Litecoin fell to an early morning intraday low $135.50 before making a move.

Steering clear of the first major support level at $126.55, Litecoin surged to a late afternoon high $160.00.

Litecoin broke through the first major resistance level at $144.96 and the second major resistance level at $152.79.

A late reversal saw Litecoin fall back to sub-$150 levels before striking a final hour intraday high and a new swing hi $164.98.

Litecoin broke back through the second major resistance level to wrap up the day at $161 levels.

At the time of writing, Litecoin was down by 0.61% to $160.54. A mixed start to the day saw Litecoin rise to an early morning high $163.61 before falling to a low $159.66.

Litecoin left the major support and resistance levels untested early on.

For the day ahead
Litecoin would need to avoid a fall through the $154.00 pivot level to support a run at the first major resistance level at $172.50.

Support from the broader market would be needed, however, for Litecoin to break out from Sunday’s high $164.98.

Barring an extended crypto rally, the first major resistance level and resistance at $175 would likely cap any upside.

In the event of another extended breakout, Litecoin could test resistance at $190 before any pullback. The second major resistance level sits at $183.48.

Failure to avoid a fall through the $154.00 pivot level would bring the first major support level at $143.02 into play before any recovery.

Barring an extended sell-off on the day, however, Litecoin should steer clear of the 23.6% FIB of $132. The second major support level sits at $124.52.

Looking at the Technical Indicators
First Major Support Level: $143.02

Pivot Level: $154.00

First Major Resistance Level: $172.50

23.6% FIB Retracement Level: $132

38.2% FIB Retracement Level: $112

62% FIB Retracement Level: $79

Ripple’s XRP
Ripple’s XRP rose by 1.85% on Sunday. Partially reversing a 7.16% slide from Saturday, Ripple’s XRP ended the week down by 20.6% to $0.22518.

A mixed start to the day saw Ripple’s XRP fall to a mid-morning intraday low $0.21524 before finding support.

Steering clear of the first major support level at $0.2084, Ripple’s XRP rose to a late afternoon intraday high $0.23886.

Ripple’s XRP broke through the first major resistance level at $0.2362 before falling back to $0.2210 levels.

Avoiding a fall back into the red, Ripple’s XRP moved back through to $0.225 levels to deliver the upside for the day.

At the time of writing, Ripple’s XRP was down by 0.19% to $0.22476. A mixed start to the day saw Ripple’s XRP rise to an early morning high $0.22705 before falling to a low $0.22375.

Ripple’s XRP left the major support and resistance levels untested early on.

For the day ahead
Ripple’s XRP will need to move through the $0.2264 pivot level to bring the first major resistance level at $0.2376 into play.

Support from the broader market would be needed, however, for Ripple’s XRP to break out from $0.235 levels.

Barring another extended crypto rally, the first major resistance and Sunday’s high $0.23886 would likely cap any upside.

In the event of an extended rally, Ripple’s XRP could test resistance at $0.25 before any pullback. The second major resistance sits at $0.2500.

Failure to move through the $0.2264 pivot would bring the first major support level at $0.2140 into play.

Barring another extended crypto sell-off, Ripple’s XRP should continue to avoid sub-$0.21 levels. The second major support level sits at $0.2028.

Looking at the Technical Indicators
First Major Support Level: $0.2140

Pivot Level: $0.2264

First Major Resistance Level: $0.2376

23.6% FIB Retracement Level: $0.6274

38.2% FIB Retracement Level: $0.5285

62% FIB Retracement Level: $0.3687

[MrSpasybo]

January 5th, 2021
It’s a mixed start to the day for the majors. The pivot levels will provide direction following the mixed returns from Monday.

Ethereum
Ethereum rose by 6.32% on Monday. Following on from Sunday’s 26.46% surge, Ethereum ended the day at $1,042.38.

Another mixed start to the day saw Ethereum rally to a mid-morning intraday high and a new swing high $1,168.99.

Ethereum broke through the first major resistance level at $1,073.72 before hitting reverse.

Coming up against the second major resistance level at $1,167.00, Ethereum slid to a late morning intraday low $886.33.

Steering clear of the first major support level at $828.58, Ethereum revisited $1,050 levels before easing back.

At the time of writing, Ethereum was up by 4.19% to $1,086.05. A bullish start to the day saw Ethereum rise from an early morning low $1,042.00 to a high $1,086.05.

Ethereum left the major support and resistance levels untested early on.

For the day ahead
Ethereum would need to avoid a fall through the pivot level at $1,032.57 to support a run at the first major resistance level at $1,178.80.

Support from the broader market would be needed, however, for Ethereum to break out from Monday’s high $1,168.99.

Barring an extended crypto rally, the first major resistance level and resistance at $1,200 would likely cap any upside.

In the event of another extended crypto rally, Ethereum could test resistance at $1,300 before any pullback. The second major resistance level sits at $1,315.23.

Failure to avoid a fall through the $1,032.57 pivot would bring the 23.6% FIB of $912 and the first major support level at $896.14 into play.

Barring an extended sell-off, however, Ethereum should continue to steer well clear of sub-$800 levels. The second major support level sits at $749.91.

Looking at the Technical Indicators
First Major Support Level: $896.14

Pivot Level: $1,032.57

First Major Resistance Level: $1,178.89

23.6% FIB Retracement Level: $912

38.2% FIB Retracement Level: $753

62% FIB Retracement Level: $496

Litecoin
Litecoin slid by 3.72% on Monday. Partially reversing a 17.81% rally from Sunday, Litecoin ended the day at $155.43.

A bullish start to the day saw Litecoin rally to a mid-morning intraday high and a new swing hi $174.50 before hitting reverse.

Litecoin broke through the first major resistance level at $172.50 before sliding to a late morning intraday low $140.00.

The sell-off saw Litecoin fall through the first major support level at $143.02 before finding support.

Steering clear of sub-$140 and the 23.6% FIB of $132, Litecoin briefly revisited $158 levels before sliding back to $151 levels.

A bullish end to the day, however, reduced the deficit for the day.

At the time of writing, Litecoin was up by 2.12% to $158.72. A bullish start to the day saw Litecoin rise from an early morning low $155.48 to a high $159.30.

Litecoin left the major support and resistance levels untested early on.

For the day ahead
Litecoin would need to avoid a fall through the $156.64 pivot level to support a run at the first major resistance level at $173.29.

Support from the broader market would be needed, however, for Litecoin to break back through to $170 levels.

Barring an extended crypto rally, the first major resistance level and Monday’s high $174.50 would likely cap any upside.

In the event of another extended breakout, Litecoin could test resistance at $190 before any pullback. The second major resistance level sits at $191.14.

Failure to avoid a fall through the $156.64 pivot level would bring the 23.6% FIB of $139 and the first major support level at $138.79 into play.

Barring an extended sell-off, Litecoin should steer clear of sub-$130 levels and the second major support level at $122.14.

Looking at the Technical Indicators
First Major Support Level: $138.79

Pivot Level: $156.64

First Major Resistance Level: $173.29

23.6% FIB Retracement Level: $139

38.2% FIB Retracement Level: $117

62% FIB Retracement Level: $82

Ripple’s XRP
Ripple’s XRP rallied by 4.54% on Monday. Following on from a 1.85% gain on Sunday, Ripple’s XRP ended the day at $0.23601.

Tracking the broader market, Ripple’s XRP jumped to a mid-morning intraday high $0.26805 before hitting reverse.

Ripple’s XRP broke through the first major resistance level at $0.2376 and the second major resistance level at $0.2500.

The reversal saw Ripple’s XRP slide to a late morning intraday low $0.21439.

Finding support at the first major support level at $0.2140, Ripple’s XRP revisited $0.24 levels before easing back.

The first major resistance level at $0.2376 pinned Ripple’s XRP back late in the day.

At the time of writing, Ripple’s XRP was down by 0.82% to $0.23408. A mixed start to the day saw Ripple’s XRP rise to an early morning high $0.23758 before falling to a low $0.23318.

Ripple’s XRP left the major support and resistance levels untested early on.

For the day ahead
Ripple’s XRP will need to move through the $0.2395 pivot level to bring the first major resistance level at $0.2646 into play.

Support from the broader market would be needed, however, for Ripple’s XRP to break back through to $0.26 levels.

Barring another extended crypto rally, the first major resistance and Monday’s high $0.26805 would likely cap any upside.

In the event of another extended rally, Ripple’s XRP could test resistance at $0.28 before any pullback. The second major resistance sits at $0.2931.

Failure to move through the $0.2395 pivot would bring the first major support level at $0.2109 into play.

Barring an extended crypto sell-off, Ripple’s XRP should continue to avoid sub-$0.21 levels. The second major support level sits at $0.1858.

Looking at the Technical Indicators
First Major Support Level: $0.2109

Pivot Level: $0.2395

First Major Resistance Level: $0.2646

23.6% FIB Retracement Level: $0.6274

38.2% FIB Retracement Level: $0.5285

62% FIB Retracement Level: $0.3687

[MrSpasybo]

January 6th, 2021
It’s a bearish start to the day for the majors. Failure to move through early highs would bring support levels into play.

Ethereum
Ethereum rose by 5.9% on Tuesday. Following on from a 6.32% rally on Monday, Ethereum ended the day at $1,103.73.

Another mixed start to the day saw Ethereum rise to an early morning intraday high $1,136.93 before hitting reverse.

Falling short of the first major resistance level at $1,178.80, Ethereum slid to a mid-morning intraday low $975.00.

Steering clear of the first major support level at $896.14, Ethereum bounced back to $1,100 levels late in the day.

At the time of writing, Ethereum was down by 1.70% to 1,082.83. A mixed start to the day saw Ethereum rise to an early morning high $1,114.24 before falling to a low $1,066.62.

Ethereum left the major support and resistance levels untested early on.

For the day ahead
Ethereum would need to avoid a fall back through the pivot level at $1,071.89 to support a run at the first major resistance level at $1,168.80.

Support from the broader market would be needed, however, for Ethereum to break out from Tuesday’s high $1,136.93.

Barring an extended crypto rally, the first major resistance level and resistance at $1,150 would likely cap any upside.

In the event of another extended crypto rally, Ethereum could test resistance at $1,300 before any pullback. The second major resistance level sits at $1,233.82.

Failure to avoid a fall back through the $1,071.89 pivot would bring the first major support level at $1,006.84 into play.

Barring an extended sell-off, however, Ethereum should continue to steer clear sub-$950 levels. The second major support level sits at $909.96.

Looking at the Technical Indicators
First Major Support Level: $1,006.84

Pivot Level: $1,071.89

First Major Resistance Level: $1,168.77

23.6% FIB Retracement Level: $912

38.2% FIB Retracement Level: $753

62% FIB Retracement Level: $496

Litecoin
Litecoin rose by 2.28% on Tuesday. Partially reversing a 3.72% fall from Monday, Litecoin ended the day at $159.03.

A mixed start to the day saw Litecoin rise to an early morning high $160.00 before hitting reverse.

Falling short of the first major resistance level at $173.29, Litecoin slid to a mid-morning intraday low $146.62.

Steering clear of the first major support level at $138.79, however, rallied to a late intraday high $163.36 before easing back.

At the time of writing, Litecoin was down by 1.33% to $156.91. A mixed start to the day saw Litecoin rise to an early morning high $160.51 before falling to a low $155.44.

Litecoin left the major support and resistance levels untested early on.

For the day ahead
Litecoin would need to avoid a fall back through the $156.34 pivot level to support a run at the first major resistance level at $166.05.

Support from the broader market would be needed, however, for Litecoin to break out from Tuesday’s high $163.36.

Barring an extended crypto rally, the first major resistance level and resistance at $170 would likely cap any upside.

In the event of another extended breakout, Litecoin could test resistance at $180 before any pullback. The second major resistance level sits at $173.08.

Failure to avoid a fall back through the $156.34 pivot level would bring the first major support level at $149.31 into play.

Barring an extended sell-off, Litecoin should steer clear of sub-$140 levels and the second major support level at $139.60.

Looking at the Technical Indicators
First Major Support Level: $149.31

Pivot Level: $156.34

First Major Resistance Level: $166.05

23.6% FIB Retracement Level: $139

38.2% FIB Retracement Level: $117

62% FIB Retracement Level: $82

Ripple’s XRP
Ripple’s XRP slid by 4.09% on Tuesday. Reversing a 4.54% gain from Monday, Ripple’s XRP ended the day at $0.22635.

Recovering from a mid-morning low $0.22551, Ripple’s XRP rallied to a late morning intraday high $0.24298 before hitting reverse.

Falling short of the first major resistance level at $0.2646. Ripple’s XRP slid to an early afternoon intraday low $0.21800.

Steering clear of the first major support level at $0.2109, Ripple’s XRP revisited $0.23 levels before falling back to $0.226 levels.

At the time of writing, Ripple’s XRP was down by 1.39% to $0.22321. A mixed start to the day saw Ripple’s XRP rise to an early morning high $0.22662 before falling to a low $0.22200.

Ripple’s XRP left the major support and resistance levels untested early on.

For the day ahead
Ripple’s XRP will need to move through the $0.2291 pivot level to bring the first major resistance level at $0.2402 into play.

Support from the broader market would be needed, however, for Ripple’s XRP to break back through to $0.24 levels.

Barring another extended crypto rally, the first major resistance and Tuesday’s high $0.24298 would likely cap any upside.

In the event of another extended rally, Ripple’s XRP could test resistance at $0.26 before any pullback. The second major resistance sits at $0.2541.

Failure to move through the $0.2291 pivot would bring the first major support level at $0.2152 into play.

Barring an extended crypto sell-off, Ripple’s XRP should continue to avoid sub-$0.21 levels. The second major support level sits at $0.2041.

Looking at the Technical Indicators
First Major Support Level: $0.2152

Pivot Level: $0.2291

First Major Resistance Level: $0.2402

23.6% FIB Retracement Level: $0.6274

38.2% FIB Retracement Level: $0.5285

62% FIB Retracement Level: $0.3687

[MrSpasybo]

January 7th, 2021
It’s a bearish start to the day for the majors. Failure to move back through the early highs would bring support levels into play.

Ethereum
Ethereum rallied by 9.81% on Wednesday. Following on from a 5.9% gain on Tuesday, Ethereum ended the day at $1,212.02.

Another mixed start to the day saw Ethereum fall to an early morning intraday low $1,058.32 before making a move.

Steering clear of the first major support level at $1,006.84, Ethereum rallied to a late afternoon intraday high and a new swing hi $1,215.98.

Ethereum broke through the first major resistance level at $1,168.77 before a pullback to $1,120 levels.

Finding late support, however, Ethereum retested resistance at $1,200 late in the day.

At the time of writing, Ethereum was down by 0.87% to $1,201.51. A mixed start to the day saw Ethereum rise to an early morning high and a new swing hi $1,223.77 before falling to a low $1,199.04.

Ethereum left the major support and resistance levels untested early on.

For the day ahead
Ethereum would need to avoid a fall through the pivot level at $1,162.11 to support a run at the first major resistance level at $1,265.89.

Support from the broader market would be needed, however, for Ethereum to break out from the morning high $1,223.77.

Barring an extended crypto rally, the first major resistance level would likely cap any upside.

In the event of another extended crypto rally, Ethereum could test resistance at $1,400 before any pullback. The second major resistance level sits at $1,319.77.

Failure to avoid a fall through the $1,162.11 pivot would bring the first major support level at $1,108.23 into play.

Barring an extended sell-off, however, Ethereum should steer clear sub-$1000 levels. The second major support level at $1,004.45 should limit the downside.

Looking at the Technical Indicators
First Major Support Level: $1,108.23

Pivot Level: $1,162.11

First Major Resistance Level: $1,265.89

23.6% FIB Retracement Level: $948

38.2% FIB Retracement Level: $782

62% FIB Retracement Level: $514

Litecoin
Litecoin rallied by 6.54% on Wednesday. Following on from a 2.28% gain on Tuesday, Litecoin ended the day at $169.41.

A mixed start to the day saw Litecoin fall to an early morning intraday low $155.37 before making a move.

Steering clear of the first major support level at $149.31, Litecoin rallied to a late afternoon intraday high $169.90.

Litecoin broke through the first major resistance level at $166.05 before a pullback to sub-$160 levels.

Finding late support, however, Litecoin broke back through the first major resistance level to wrap up the day at $169 levels.

At the time of writing, Litecoin was down by 1.12% to $167.52. A mixed start to the day saw Litecoin rise to an early morning high $169.92 before falling to a low $167.41.

Litecoin left the major support and resistance levels untested early on.

For the day ahead
Litecoin would need to avoid a fall through the $164.89 pivot level to support a run at the first major resistance level at $174.42.

Support from the broader market would be needed, however, for Litecoin to break out from the morning high $169.92.

Barring an extended crypto rally, the first major resistance level and resistance at $175 would likely cap any upside.

In the event of another extended breakout, Litecoin could test resistance at $190 before any pullback. The second major resistance level sits at $179.42.

Failure to avoid a fall through the $164.89 pivot level would bring the first major support level at $159.89 into play.

Barring an extended sell-off, Litecoin should steer clear of sub-$150 levels. The second major support level at $150.36 should limit any downside.

Looking at the Technical Indicators
First Major Support Level: $159.89

Pivot Level: $164.89

First Major Resistance Level: $174.42

23.6% FIB Retracement Level: $139

38.2% FIB Retracement Level: $117

62% FIB Retracement Level: $82

Ripple’s XRP
Ripple’s XRP surged by 9.97% on Wednesday. Reversing a 4.09% slide from Tuesday, Ripple’s XRP ended the day at $0.24905.

Tracking the broader market, Ripple’s XRP fell to an early morning intraday low $0.2220 before making a move.

Steering clear of the first major support level at $0.2152, Ripple’s XRP jumped to an early afternoon intraday high $0.27627.

Ripple’s XRP broke through the first major resistance level at $0.2402 and the second major resistance level at $0.2541.

Coming within range of the third major resistance level at $0.2791, however, slid back to sub-$0.24 levels.

Finding late support, Ripple’s XRP broke back through the first major resistance level to wrap up the day at $0.249 levels. The second major resistance level at $0.2541 pinned Ripple’s XRP back late in the day.

At the time of writing, Ripple’s XRP was down by 0.43% to $0.24798. A mixed start to the day saw Ripple’s XRP rise to an early morning high $0.25006 before falling to a low $0.24722.

Ripple’s XRP left the major support and resistance levels untested early on.

For the day ahead
Ripple’s XRP will need to move back through the $0.2491 pivot level to bring the first major resistance level at $0.2762 into play.

Support from the broader market would be needed, however, for Ripple’s XRP to break back through to $0.27 levels.

Barring another extended crypto rally, the first major resistance and Wednesday’s high $0.27628 would likely cap any upside.

In the event of another extended rally, Ripple’s XRP could test resistance at $0.30 before any pullback. The second major resistance sits at $0.3034.

Failure to move back through the $0.2491 pivot would bring the first major support level at $0.2219 into play.

Barring an extended crypto sell-off, Ripple’s XRP should continue to avoid sub-$0.21 levels. The second major support level sits at $0.1948.

Looking at the Technical Indicators
First Major Support Level: $0.2219

Pivot Level: $0.2491

First Major Resistance Level: $0.2762

23.6% FIB Retracement Level: $0.6274

38.2% FIB Retracement Level: $0.5285

62% FIB Retracement Level: $0.3687

[MrSpasybo]

January 8th, 2021
It’s a bullish start to the day for the majors. Steering clear of the day’s pivot levels would support a run at the day’s major resistance levels.

Ethereum
Ethereum rose by 1.21% on Thursday. Following on from a 9.81% rally on Wednesday, Ethereum ended the day at $1,227.34.

Another mixed start to the day saw Ethereum fall to a late morning low $1,160.71 before making a move.

Steering clear of the first major support level at $1,108.23, Ethereum rallied to a late afternoon intraday high and a new swing hi $1,291.94

Ethereum broke through the first major resistance level at $1,265.89 before a pullback to an intraday low $1,140 levels.

Continuing to steer clear of the major support levels, Ethereum broke back through to $1,220 levels to end the day in the green.

At the time of writing, Ethereum was up by 0.50% to $1,233.48. A mixed start to the day saw Ethereum fall to an early morning low $1,216.22 before rising to a high $1,233.93.

Ethereum left the major support and resistance levels untested early on.

For the day ahead
Ethereum would need to avoid a fall through the pivot level at $1,219.76 to support a run at the first major resistance level at $1,299.52.

Support from the broader market would be needed, however, for Ethereum to break out from Thursday’s high $1,291.94.

Barring an extended crypto rally, the first major resistance level and resistance at $1,300 would likely cap any upside.

In the event of another extended crypto rally, Ethereum could test resistance at $1,450 before any pullback. The second major resistance level sits at $1,371.70.

Failure to avoid a fall through the $1,219.76 pivot would bring the first major support level at $1,147.58 into play.

Barring an extended sell-off, however, Ethereum should steer clear sub-$1,100 levels. The second major support level sits at $1,067.82.

Looking at the Technical Indicators
First Major Support Level: $1,147.58

Pivot Level: $1,219.76

First Major Resistance Level: $1,299.52

23.6% FIB Retracement Level: $1,006

38.2% FIB Retracement Level: $829

62% FIB Retracement Level: $543

Litecoin
Litecoin rose by 0.18% on Thursday. Following on from a 6.54% rally on Wednesday, Litecoin ended the day at $169.75.

A mixed start to the day saw Litecoin fall to a late morning low $162.42 before making a move.

Steering clear of the first major support level at $159.89, Litecoin rallied to a late afternoon intraday high and a new swing hi $181.25.

Litecoin broke through the first major resistance level at $174.42 and the second major resistance level at $179.42 before hitting reverse.

The reversal saw Litecoin fall to a late afternoon intraday low $162.00.

Steering clear of the major support levels, Litecoin revisited $175 levels before falling back into the red. Finding late support, however, Litecoin moved back through to $169.7 levels to end the day in the green.

At the time of writing, Litecoin was up by 1.01% to $171.46. A bullish start to the day saw Litecoin rise from an early morning low $169.63 to a high $172.17.

Litecoin left the major support and resistance levels untested early on.

For the day ahead
Litecoin would need to avoid a fall back through the $171.00 pivot level to support a run at the first major resistance level at $180.00.

Support from the broader market would be needed, however, for Litecoin to break out $175 levels.

Barring an extended crypto rally, the first major resistance level and Thursday’s high $181.25 would likely cap any upside.

In the event of another extended breakout, Litecoin could test resistance at $200 before any pullback. The second major resistance level sits at $190.25.

Failure to avoid a fall back through the $171.00 pivot level would bring the first major support level at $160.75 into play.

Barring an extended sell-off, Litecoin should steer clear of sub-$160 levels. The second major support level sits at $151.75.

Looking at the Technical Indicators
First Major Support Level: $160.75

Pivot Level: $171.00

First Major Resistance Level: $180.00

23.6% FIB Retracement Level: $144

38.2% FIB Retracement Level: $122

62% FIB Retracement Level: $85

Ripple’s XRP
Ripple’s XRP surged by 29.93% on Thursday. Following on from a 9.97% rally on Wednesday, Ripple’s XRP ended the day at $0.32407.

A bullish day saw Ripple’s XRP rally from an early morning intraday low $0.24613 to a late afternoon intraday high $0.37168.

Ripple’s XRP broke through the day’s major resistance levels and the 23.6% FIB of $0.3171 before a pullback to sub-$0.30 levels.

The pullback saw Ripple’s XRP fall back through the third major resistance level at $0.3577 and the second major resistance level at $0.3034

Ripple’s XRP also fell back through the 23.6% FIB before revisiting $0.34 levels.

A 2nd pullback saw Ripple’s XRP fall back through the second major resistance level and the 23.6% FIB to $0.29 levels.

Finding late support, however, Ripple’s XRP broke back through the second major resistance level at $0.3034.

Ripple’s XRP also broke back through 23.6% FIB to wrap up the day at $0.32 levels.

At the time of writing, Ripple’s XRP was up by 5.97% to $0.34342. A bullish start to the day saw Ripple’s XRP rise from an early morning low $0.32245 to a high $0.34626.

Ripple’s XRP left the major support and resistance levels untested early on.

For the day ahead
Ripple’s XRP will need to avoid a fall through the 23.6% FIB of $0.3172 and the $0.3140 pivot level to bring the first major resistance level at $0.3818 into play.

Support from the broader market would be needed, however, for Ripple’s XRP to break out from Thursday’s high $0.37168.

Barring another extended crypto rally, the first major resistance and resistance at $0.40 would likely cap any upside.

In the event of another extended rally, Ripple’s XRP could test resistance at $0.45 before any pullback. The second major resistance sits at $0.4395.

Failure to avoid a fall through the 23.6% FIB and the $0.3140 pivot would bring the first major support level at $0.2562 into play.

Barring an extended crypto sell-off, Ripple’s XRP should avoid sub-$0.25 levels. The second major support level sits at $0.1884.

Looking at the Technical Indicators
First Major Support Level: $0.2562

Pivot Level: $0.3140

First Major Resistance Level: $0.3818

23.6% FIB Retracement Level: $0.6274

38.2% FIB Retracement Level: $0.5285

62% FIB Retracement Level: $0.3687

[MrSpasybo]

January 9th, 2021
It’s a bullish start to the day for the majors. Avoiding the day’s pivot levels would support a run at the day’s resistance levels.

Ethereum
Ethereum fell by 0.83% on Friday. Partially reversing a 1.21% gain from Thursday, Ethereum ended the day at $1,217.35.

It was a bearish start to the day. Ethereum fell through the first major support level at $1,147.58 to an early morning intraday low $1,063.18.

Finding support at the second major support level at $1,067.82, Ethereum rallied to a mid-day intraday high $1,275.00.

Falling short of the first major resistance level at $1,299.52, Ethereum fell back through the first major support level to $1,135 levels.

Finding late support, however, Ethereum moved back through to $1,217 levels to limit the loss on the day.

At the time of writing, Ethereum was up by 1.15% to $1,231.39. A bullish start to the day saw Ethereum rise from an early morning low $1,217.31 to a high $1,234.56.

Ethereum left the major support and resistance levels untested early on.

For the day ahead
Ethereum would need to avoid a fall through the pivot level at $1,185.18 to support a run at the first major resistance level at $1,307.17.

Support from the broader market would be needed, however, for Ethereum to break out from Thursday’s swing hi $1,291.94.

Barring an extended crypto rally, the first major resistance level would likely cap any upside.

In the event of another extended crypto rally, Ethereum could test resistance at $1,450 before any pullback. The second major resistance level sits at $1,397.00.

Failure to avoid a fall through the $1,185.18 pivot would bring the first major support level at $1,095.35 into play.

Barring an extended sell-off, however, Ethereum should steer clear of the second major support level at $973.36. The 23.6% FIB of $1,006 should limit the downside.

Looking at the Technical Indicators
First Major Support Level: $1,095.35

Pivot Level: $1,185.18

First Major Resistance Level: $1,307.17

23.6% FIB Retracement Level: $1,006

38.2% FIB Retracement Level: $829

62% FIB Retracement Level: $543

Litecoin
Litecoin rose by 1.60% on Friday. Following on from a 0.18% gain on Thursday, Litecoin ended the day at $172.46.

A bearish start to the day saw Litecoin fall to an early morning intraday low $150.20 before making a move.

Litecoin fell through the first major support level at $160.75 and the second major support level at $151.75.

Steering clear of sub-$150 levels, Litecoin rallied to a late afternoon intraday high and a new swing hi $181.55.

Litecoin broke through the first major resistance level at $180.00 before sliding to $163 levels and into the red.

Finding late support, however, Litecoin revisited $174 levels before ending the day at $172 levels.

At the time of writing, Litecoin was up by 1.23% to $174.58. A bullish start to the day saw Litecoin rise from an early morning low $172.39 to a high $175.00.

Litecoin left the major support and resistance levels untested early on.

For the day ahead
Litecoin would need to avoid a fall through the $168.07 pivot level to support a run at the first major resistance level at $185.94.

Support from the broader market would be needed, however, for Litecoin to break out from Friday’s swing hi $181.55.

Barring an extended crypto rally, the first major resistance level and resistance at $190 would likely cap any upside.

In the event of another extended breakout, Litecoin could test resistance at $200 before any pullback. The second major resistance level sits at $199.42.

Failure to avoid a fall through the $168.07 pivot level would bring the first major support level at $154.59 into play.

Barring an extended sell-off, Litecoin should steer clear of sub-$150 levels. The second major support level sits at $136.72.

Looking at the Technical Indicators
First Major Support Level: $154.59

Pivot Level: $168.07

First Major Resistance Level: $185.94

23.6% FIB Retracement Level: $145

38.2% FIB Retracement Level: $122

62% FIB Retracement Level: $85

Ripple’s XRP
Ripple’s XRP fell by 0.84% on Friday. Partially reversing Thursday’s 29.93% rally, Ripple’s XRP ended the day at $0.3211.

It was a choppy start to the day. Ripple’s XRP rose to an early morning intraday high $0.34626 before hitting reverse.

Falling short of the first major resistance level at $0.3818, Ripple’s XRP slid to an early morning intraday low $0.28076.

The reversal saw Ripple’s XRP fall through the 23.6% FIB before finding support.

Steering clear of the first major support level at $0.2562, Ripple’s XRP revisited $0.34 levels before a 2nd slide to sub-$0.30 levels.

Finding late support, however, Ripple’s XRP broke back through the 23.6% FIB to wrap up the day at $0.32 levels.

At the time of writing, Ripple’s XRP was up by 0.90% to $0.3240. A mixed start to the day saw Ripple’s XRP fall to an early morning low $0.32088 before rising to a high $0.32741.

Ripple’s XRP left the major support and resistance levels untested early on.

For the day ahead
Ripple’s XRP will need to avoid a fall through the 23.6% FIB of $0.3172 and the $0.3160 pivot level to bring the first major resistance level at $0.3513 into play.

Support from the broader market would be needed, however, for Ripple’s XRP to break out from Friday’s high $0.34626.

Barring another extended crypto rally, the first major resistance would likely cap any upside.

In the event of another extended rally, Ripple’s XRP could test resistance at $0.40 before any pullback. The second major resistance sits at $0.3815.

Failure to avoid a fall through the 23.6% FIB of $0.3172 and the $0.3160 pivot would bring the first major support level at $0.2858 into play.

Barring an extended crypto sell-off, Ripple’s XRP should continue to avoid sub-$0.25 levels. The second major support level at $0.2505 should limit the downside.

Looking at the Technical Indicators
First Major Support Level: $0.2858

Pivot Level: $0.3160

First Major Resistance Level: $0.3513

23.6% FIB Retracement Level: $0.6274

38.2% FIB Retracement Level: $0.5285

62% FIB Retracement Level: $0.3687

[MrSpasybo]

January 11th, 2021
It’s a bearish start to the day for the majors. Failure to move through the day’s pivot levels would leave support levels in play.

Ethereum
Ethereum fell by 2.04% on Sunday. Partially reversing a 5.27% rally from Saturday, Ethereum ended the week up by 28.02% to $1,255.13.

It was a bullish start to the day. Ethereum rose to a late morning intraday high and a new swing high $1,350.88 before hitting reverse.

Ethereum broke through the first major resistance level at $1,336.68 before sliding to late intraday low $1,153.0.

The sell-off saw Ethereum fall through the first major support level at $1,199.54.

Finding late support, Ethereum revisited $1,288 levels before easing back to end the day at $1,255 levels.

At the time of writing, Ethereum was down by 1.77% to $1,232.91. A mixed start to the day saw Ethereum rise to an early morning high $1,260.24 before falling to a low $1,217.88.

Ethereum left the major support and resistance levels untested early on.

For the day ahead
Ethereum would need to move back through the pivot level at $1,253.00 to support a run at the first major resistance level at $1,353.01.

Support from the broader market would be needed, however, for Ethereum to break out from Sunday’s high $1,350.88.

Barring an extended crypto rally, the first major resistance level would likely cap any upside.

In the event of another extended crypto rally, Ethereum could test the second major resistance level at $1,450.88.

Failure to move back through the $1,253.00 pivot would bring the first major support level at $1,155.13 into play.

Barring an extended sell-off, however, Ethereum should steer clear of the second major support level at $1,055.12 and the 23.6% FIB of $1,051.

Looking at the Technical Indicators
First Major Support Level: $1,155.13

Pivot Level: $1,253.00

First Major Resistance Level: $1,353.01

23.6% FIB Retracement Level: $1,051

38.2% FIB Retracement Level: $866

62% FIB Retracement Level: $566

Litecoin
Litecoin slid by 4.32% on Sunday. Reversing a 3.14 % gain on Friday, Litecoin ended the week up by 5.43% to $170.21.

A bullish start to the day saw Litecoin rise to an early morning intraday high and a new swing high $186.34 before hitting reverse.

Litecoin broke through the first major resistance level at $183.67 before sliding to a late intraday low $160.62.

Litecoin fell through the first major support level at $167.83 before revisiting $172 levels.

A bearish end to the day, however, saw Litecoin ease back to end the day at $170 levels.

At the time of writing, Litecoin was down by 1.90% to $166.97. A bearish start to the day saw Litecoin fall from an early morning high $170.72 to a low $166.66.

Litecoin left the major support and resistance levels untested early on.

For the day ahead
Litecoin would need to move through the $172.39 pivot level to support a run at the first major resistance level at $184.16.

Support from the broader market would be needed, however, for Litecoin to break back through to $180 levels.

Barring an extended crypto rally, the first major resistance level and resistance at $190 would likely cap any upside.

In the event of another extended breakout, Litecoin could test resistance at $200 before any pullback. The second major resistance level sits at $198.11.

Failure to move through the $172.39 pivot level would bring the first major support level at $158.44 into play.

Barring an extended sell-off, Litecoin should steer clear of sub-$150 levels and the 23.6% FIB of $148. The second major support level sits at $146.67.

Looking at the Technical Indicators
First Major Support Level: $158.44

Pivot Level: $172.39

First Major Resistance Level: $184.16

23.6% FIB Retracement Level: $

38.2% FIB Retracement Level: $

62% FIB Retracement Level: $

Ripple’s XRP
Ripple’s XRP fell by 3.16% on Sunday. Reversing a 3.14% gain from Saturday, Ripple’s XRP ended the week up by 39.65% to $0.31525.

It was a bullish start to the day. Ripple’s XRP rose to a mid-morning intraday high $0.3690 before hitting reverse.

The early rally saw Ripple’s XRP break through the first major resistance level at $0.3589.

Coming up short of $0.37 levels, however, Ripple’s XRP slid to a late intraday low $0.28657.

Ripple’s XRP fell through the first major support level at $0.3072 and the second major support level at $0.2889.

More significantly, Ripple’s XRP also fell through the 23.6% FIB of $0.3172.

Finding late support, Ripple’s XRP broke back through the support levels to wrap up the day at $0.31 levels.

The 23.6% FIB pinned Ripple’s XRP back late in the day.

At the time of writing, Ripple’s XRP was down by 3.04% to $0.30567. A mixed start to the day saw Ripple’s XRP rise to an early morning high $0.31592 before falling to a low $0.30326.

Ripple’s XRP left the major support and resistance levels untested early on.

For the day ahead
Ripple’s XRP will need to move through the 23.6% FIB of $0.3172 and the $0.3236 pivot level to bring the first major resistance level at $0.3606 into play.

Support from the broader market would be needed, however, for Ripple’s XRP to break back through to $0.36 levels.

Barring another extended crypto rally, the first major resistance and Sunday’s high $0.3690 would likely cap any upside.

In the event of another extended rally, Ripple’s XRP could test resistance at $0.40 before any pullback. The second major resistance sits at $0.4060.

Failure to move through the 23.6% FIB and the $0.0.3236 pivot would bring the first major support level at $0.2782 into play.

Barring another extended crypto sell-off, Ripple’s XRP should avoid sub-$0.27 levels. The second major support level sits at $0.2412.

Looking at the Technical Indicators
First Major Support Level: $0.2782

Pivot Level: $0.3236

First Major Resistance Level: $0.3606

23.6% FIB Retracement Level: $0.6274

38.2% FIB Retracement Level: $0.5285

62% FIB Retracement Level: $0.3687

[MrSpasybo]

January 12th, 2021
It’s a bearish start to the day for the majors. Failure to move through the day’s pivot levels would leave support levels in play.

Ethereum
Ethereum tumbled by 13.25% on Monday. Following on from a 2.04% on Sunday, Ethereum ended the day at $1,088.79.

It was a particularly bearish day. Ethereum slid from an early morning intraday high $1,260.24 to a late afternoon intraday low $905.00.

The sell-off saw Ethereum fall through the first major support level at $1,155.13 and the second major support level at $1,055.12.

More significantly, Ethereum also slid through the 23.6% FIB of $1,051.

Finding support late in the day. Ethereum moved back through the 23.6% FIB and the second major support level.

At the time of writing, Ethereum was down by 3.84% to $1,046.99. A particularly bearish start to the day saw Ethereum fall from an early morning high $1,093.00 to a low $1,040.00.

While leaving the major support and resistance levels untested, Ethereum fell through the 23.6% FIB of $1,051 early on.

For the day ahead
Ethereum would need to move through the 23.6% FIB and the pivot level at $1,085 to support a run at the first major resistance level at $1,264.

Support from the broader market would be needed, however, for Ethereum to break back through to $1,200 levels.

Barring an extended crypto rally, the first major resistance level and Monday’s high $1,260.24 would likely cap any upside.

In the event of an extended crypto rally, Ethereum could test resistance at $1,350 before any pullback. The second major resistance level sits at $1,440.

Failure to move through the 23.6% FIB and the $1,085 pivot would bring the first major support level at $909.11 into play.

Barring another extended sell-off, however, Ethereum should steer well clear of the second major support level at $729. The 38.2% FIB of $866 should limit the downside.

Looking at the Technical Indicators
First Major Support Level: $1,264

Pivot Level: $1,085

First Major Resistance Level: $909

23.6% FIB Retracement Level: $1,051

38.2% FIB Retracement Level: $866

62% FIB Retracement Level: $566

Litecoin
Litecoin tumbled by 18.09% on Monday. Following on from a 4.32% decline on Sunday. Litecoin ended the day at $139.43.

Tracking the broader market, Litecoin slid from an early morning intraday high $170.72 to a late afternoon intraday low $111.04.

The extended sell-off saw Litecoin fall through the day’s major support levels.

More significantly, Litecoin also fell through the 23.6% FIB of $148 and the 38.2% FIB of $125.

Finding late support, Litecoin moved back through the third major support level at $120.95 and the 38.2% FIB.

At the time of writing, Litecoin was down by 4.30% to $133.43. A mixed start to the day saw Litecoin rise to an early morning high $140.50 before sliding to a low $132.50.

Litecoin left the major support and resistance levels untested early on.

For the day ahead
Litecoin would need to move through the $140 pivot level and the 23.6% FIB of $148 to support a run at the first major resistance level at $170.

Support from the broader market would be needed, however, for Litecoin to break back through to $160 levels.

Barring an extended crypto rally, the 23.6% FIB of $148 and resistance at $150 would likely leave Litecoin short of the first major resistance level.

In the event of an extended breakout, the first major resistance level would likely cap any upside. The second major resistance level sits at $200.

Failure to move through the $140 pivot level would bring the 38.2% FIB of $125 and the first major support level at $110 into play.

Barring another extended sell-off, Litecoin should steer clear of sub-$100 levels and the 62% FIB of $87. The second major support level sits at $81.

Looking at the Technical Indicators
First Major Support Level: $110

Pivot Level: $140

First Major Resistance Level: $170

23.6% FIB Retracement Level: $148

38.2% FIB Retracement Level: $125

62% FIB Retracement Level: $87

Ripple’s XRP
Ripple’s XRP slid by 8.63% on Monday. Following on from a 3.16% fall on Sunday Ripple’s XRP ended the day at $0.28781.

It was a bearish start to the day. Ripple’s XRP fell from an early morning intraday high $0.31592 to an early morning intraday low $0.25333.

The sell-off saw Ripple’s XRP fall through the first major support level at $0.2782 before revising $0.299 levels.

A 2nd reversal saw Ripple’s XRP slide back through the first major support level to a late afternoon low $0.25781.

Finding support late in the day, however, Ripple’s XRP moved back through the first major support level to wrap up the day at $0.28 levels.

At the time of writing, Ripple’s XRP was down by 2.11% to $0.28175. A mixed start to the day saw Ripple’s XRP rise to an early morning high $0.28925 before falling to a low $0.27945.

Ripple’s XRP left the major support and resistance levels untested early on.

For the day ahead
Ripple’s XRP will need to move through the $0.2857 pivot level to bring the 23.6% FIB of $0.3172 and the first major resistance level at $0.3180 into play.

Support from the broader market would be needed, however, for Ripple’s XRP to break back through to $0.30 levels.

Barring another extended crypto rally, the 23.6% FIB and the first major resistance would likely cap any upside.

In the event of another extended rally, Ripple’s XRP could test resistance at $0.33 before any pullback. The second major resistance sits at $0.3483.

Failure to move through the $0.2857 pivot would bring the first major support level at $0.2555 into play.

Barring another extended crypto sell-off, Ripple’s XRP should steer clear of the second major support level at $0.2231.

Looking at the Technical Indicators
First Major Support Level: $0.2555

Pivot Level: $0.2857

First Major Resistance Level: $0.3180

23.6% FIB Retracement Level: $0.6274

38.2% FIB Retracement Level: $0.5285

62% FIB Retracement Level: $0.3687

[MrSpasybo]

January 14th, 2021
It’s a bullish start to the day for the majors. Avoiding the day’s pivot levels would bring resistance levels into play.

Ethereum
Ethereum rallied by 7.65% on Wednesday. Reversing a 3.56% loss from Tuesday, Ethereum ended the day at $1,130.80.

A bearish start to the day saw Ethereum fall to an early morning low $980.00 before making a move.

Finding support at the first major support level at $988, Ethereum rallied to a late intraday high $1,137.75.

Ethereum broke through the 23.6% FIB of $1,051 to wrap up the day at $1,120 levels. The first major resistance level at $1,131 pinned Ethereum back late in the day.

At the time of writing, Ethereum was up by 1.30% to $1,145.48. A bullish start to the day saw Ethereum rise from an early morning low $1,130.44 to a high $1,145.76.

Ethereum left the major support and resistance levels untested early on.

For the day ahead
Ethereum would need to avoid a fall through the pivot level at $1,083 to support a run at the first major resistance level at $1,186.

Support from the broader market would be needed, however, for Ethereum to break out from $1,150 levels.

Barring an extended crypto rally, the first major resistance level and resistance $1,200 would likely cap any upside.

In the event of an extended crypto rally, Ethereum could test resistance at $1,350 before any pullback. The second major resistance level sits at $1,241.

Failure to avoid a fall through the $1,083 pivot would bring the 23.6% FIB of $1,051 and the first major support level at $1,028 into play.

Barring an extended sell-off, however, Ethereum should steer clear of the second major support level at $925.

Looking at the Technical Indicators
First Major Support Level: $1,028

Pivot Level: $1,083

First Major Resistance Level: $1,186

23.6% FIB Retracement Level: $1,051

38.2% FIB Retracement Level: $866

62% FIB Retracement Level: $566

Litecoin
Litecoin jumped by 10.61% on Wednesday. Reversing a 4.28% decline from Tuesday. Litecoin ended the day at $147.51.

A mixed start to the day saw Litecoin slide to an early morning intraday low $125.70 before making a move.

Coming within range of the first major support level and 38.2% FIB of $125, Litecoin rallied to a final hour intraday high $148.50.

Litecoin broke through the first major resistance level at $144 to come up against the 23.6% FIB of $148 before easing back.

At the time of writing, Litecoin was up by 1.55% to $149.80. A bullish start to the day saw Litecoin rise from an early morning low $147.46 to a high $149.99.

Litecoin left the major support and resistance levels untested early on.

For the day ahead
Litecoin would need to avoid a fall through the $140.5 pivot level to support a run at the first major resistance level at $155.3.

Support from the broader market would be needed, however, for Litecoin to break out from $150 levels.

Barring an extended crypto rally, the first major resistance level would likely cap any upside.

In the event of an extended breakout, Litecoin could test resistance at $170. The second major resistance level at $163.1.

Failure to avoid a fall through the $140.5 pivot level would bring the first major support level at $132.7 into play.

Barring an extended sell-off, Litecoin should avoid the second major support level at $117.9. The 38.2% FIB of $125 should limit the downside.

Looking at the Technical Indicators
First Major Support Level: $132.7

Pivot Level: $140.5

First Major Resistance Level: $155.3

23.6% FIB Retracement Level: $148

38.2% FIB Retracement Level: $125

62% FIB Retracement Level: $87

Ripple’s XRP
Ripple’s XRP rallied by 4.54% on Wednesday. Following on from a 1.66% gain on Tuesday, Ripple’s XRP ended the day at $0.30578.

It was a bearish start to the day. Ripple’s XRP fell to an early morning intraday low $0.2840 before making a move.

Steering clear of the first major support level at $0.2767, Ripple’s XRP rallied to a late intraday high $0.30984.

Ripple’s XRP came up against the first major resistance level at $0.3092 before easing back.

At the time of writing, Ripple’s XRP was up by 0.83% to $0.30833. A bullish start to the day saw Ripple’s XRP rise from an early morning low $0.30578 to a high $0.30906.

Ripple’s XRP left the major support and resistance levels untested early on.

For the day ahead
Ripple’s XRP will need to avoid a fall through the $0.2999 pivot level to bring the first major resistance level at $0.3157 and the 23.6% FIB of $0.3172 into play.

Support from the broader market would be needed, however, for Ripple’s XRP to break back through to $0.31 levels.

Barring another extended crypto rally, the first major resistance and the 23.6% FIB would likely cap any upside.

In the event of another extended rally, Ripple’s XRP could test resistance at $0.33 before any pullback. The second major resistance sits at $0.3257.

Failure to avoid a fall through the $0.2999 pivot would bring the first major support level at $0.2899 into play.

Barring another extended crypto sell-off, Ripple’s XRP should steer clear of sub-$0.28 levels. The second major support level sits at $0.2740.

Looking at the Technical Indicators
First Major Support Level: $0.2899

Pivot Level: $0.2999

First Major Resistance Level: $0.3157

23.6% FIB Retracement Level: $0.6274

38.2% FIB Retracement Level: $0.5285

62% FIB Retracement Level: $0.3687

[MrSpasybo]

January 15th, 2021
It’s a bullish start to the day for the majors. Avoiding a fall through the day’s pivot levels would bring resistance levels into play.

Ethereum
Ethereum rallied by 8.89% on Thursday. Following on from a 7.65% rise on Wednesday, Ethereum ended the day at $1,231.32.

A bearish start to the day saw Ethereum fall to an early morning intraday low $1,087.05 before making a move.

Steering clear of the 23.6% FIB of 1,051 and the first major support level at $1,028, Ethereum rallied to a late afternoon intraday high $1,246.99.

Ethereum broke through the first major resistance level at $1,186 to wrap up the day at $1,230 levels.

The second major resistance level at $1,241 pinned Ethereum back on the day.

At the time of writing, Ethereum was up by 1.58% to $1,250.74. A mixed start to the day saw Ethereum fall to an early morning low $1,224.18 before rising to a high $1,251.68.

Ethereum left the major support and resistance levels untested early on.

For the day ahead
Ethereum would need to avoid a fall through the pivot level at $1,189 to support a run at the first major resistance level at $1,290.

Support from the broader market would be needed, however, for Ethereum to break out from $1,260 levels.

Barring an extended crypto rally, the first major resistance level and resistance $1,300 would likely cap any upside.

In the event of an extended crypto rally, Ethereum could test resistance at $1,350 before any pullback. The second major resistance level sits at $1,348.

Failure to avoid a fall through the $1,189 pivot would bring the first major support level at $1,130 into play.

Barring an extended sell-off, however, Ethereum should steer clear of 23.6% FIB of $1,051 and the second major support level at $1,029.

Looking at the Technical Indicators
First Major Support Level: $1,130

Pivot Level: $1,189

First Major Resistance Level: $1,290

23.6% FIB Retracement Level: $1,051

38.2% FIB Retracement Level: $866

62% FIB Retracement Level: $566

Litecoin
Litecoin rose by 3.27% on Thursday. Following on from a 10.61% jump on Wednesday, Litecoin ended the day at $152.38.

A mixed start to the day saw Litecoin fall to an early morning intraday low $143.40 before making a move.

Steering clear of the first major support level at $132.7, Litecoin rallied to a late afternoon intraday high $156.87.

Litecoin broke through the 23.6% FIB of $148 and the first major resistance level at $155.3 before easing back.

A late pullback saw Litecoin fall back through the first major resistance level and the 23.6% FIB to $145 levels.

Finding late support, however, Litecoin moved back through the 23.6% FIB to end the day at $152 levels.

At the time of writing, Litecoin was up by 1.28% to $154.33. A mixed start to the day saw Litecoin fall to an early morning low $151.63 before rising to a high $154.50.

Litecoin left the major support and resistance levels untested early on.

For the day ahead
Litecoin would need to avoid a fall through the $150.9 pivot level to support a run at the first major resistance level at $158.4.

Support from the broader market would be needed, however, for Litecoin to break out from Thursday’s high $156.87.

Barring an extended crypto rally, the first major resistance level and resistance at $160 would likely cap any upside.

In the event of an extended breakout, Litecoin could test resistance at $170. The second major resistance level at $164.4.

Failure to avoid a fall through the $150.9 pivot level would bring the 23.6% FIB and the first major support level at $144.9 into play.

Barring an extended sell-off, Litecoin should avoid sub-$140 levels. The second major support level sits at $137.4.

Looking at the Technical Indicators
First Major Support Level: $144.9

Pivot Level: $150.9

First Major Resistance Level: $158.4

23.6% FIB Retracement Level: $148

38.2% FIB Retracement Level: $125

62% FIB Retracement Level: $87

Ripple’s XRP
Ripple’s XRP fell by 3.29% on Thursday. Partially reversing a 4.54% rally from Wednesday, Ripple’s XRP ended the day at $0.29573.

It was a mixed start to the day. Ripple’s XRP rose to an early morning intraday high $0.30906 before hitting reverse.

Falling short of the first major resistance level at $0.3157, Ripple’s XRP slid to an early morning intraday low $0.28325.

Ripple’s XRP fell through the first major support level at $0.2899 before striking an afternoon high $0.30480.

Continuing to fall short of $0.31 levels, however, Ripple’s XRP slipped back to end the day at $0.295 levels.

At the time of writing, Ripple’s XRP was up by 0.43% to $0.2970. A mixed start to the day saw Ripple’s XRP fall to an early morning low $0.29557 before rising to a high $0.29809.

Ripple’s XRP left the major support and resistance levels untested early on.

For the day ahead
Ripple’s XRP will need to avoid a fall back through the $0.2960 pivot level to bring the first major resistance level at $0.3088 and the 23.6% FIB of $0.3172 into play.

Support from the broader market would be needed, however, for Ripple’s XRP to break back through to $0.30 levels.

Barring another extended crypto rally, the first major resistance and Thursday’s high $0.30906 would likely cap any upside.

In the event of another extended rally, Ripple’s XRP could test resistance at $0.33 before any pullback. The second major resistance sits at $0.3218.

Failure to avoid a fall back through the $0.2960 pivot would bring the first major support level at $0.2830 into play.

Barring another extended crypto sell-off, Ripple’s XRP should steer clear of sub-$0.28 levels. The second major support level sits at $0.2702.

Looking at the Technical Indicators
First Major Support Level: $0.2830

Pivot Level: $0.2960

First Major Resistance Level: $0.3088

23.6% FIB Retracement Level: $0.6274

38.2% FIB Retracement Level: $0.5285

62% FIB Retracement Level: $0.3687

[MrSpasybo]

January 16th, 2021
It’s a bullish start to the day for the majors. A move through Friday’s highs would support a breakout on the day.

Ethereum
Ethereum slid by 5.16% on Friday. Partially reversing an 8.89% rally from Thursday, Ethereum ended the day at $1,168.1.

A bullish start to the day saw Ethereum rise to an early morning intraday high $1,255.59 before hitting reverse.

Falling short of the first major resistance level at $1,290, Ethereum slid to a late afternoon intraday low $1,065.0.

The reversal saw Ethereum fall through the first major support level at $1,130, briefly revisiting $1,175 levels.

At the time of writing, Ethereum was up by 2.01% to $1,191.62. A mixed start to the day saw Ethereum fall to an early morning low $1,168.29 before rising to a high $1,195.51.

Ethereum left the major support and resistance levels untested early on.

For the day ahead
Ethereum would need to avoid a fall through the pivot level at $1,163 to support a run at the first major resistance level at $1,261.

Support from the broader market would be needed, however, for Ethereum to break out from Friday’s high $1,255.59.

Barring an extended crypto rally, the first major resistance level and resistance $1,300 would likely cap any upside.

In the event of an extended crypto rally, Ethereum could test resistance at $1,400 before any pullback. The second major resistance level sits at $1,354.

Failure to avoid a fall through the $1,163 pivot would bring the first major support level at $1,070 into play.

Barring another extended sell-off, however, Ethereum should steer clear of the second major support level at $972.31. The 23.6% FIB of $1,051 should limit the downside.

Looking at the Technical Indicators
First Major Support Level: $1,070

Pivot Level: $1,163

First Major Resistance Level: $1,261

23.6% FIB Retracement Level: $1,051

38.2% FIB Retracement Level: $866

62% FIB Retracement Level: $566

Litecoin
Litecoin slid by 5.74% on Friday. Reversing a 3.27% gain from Thursday, Litecoin ended the day at $143.63.

A mixed start to the day saw Litecoin rise to an early morning intraday high $155.30 before hitting reverse.

Falling short of the first major resistance level at $158.4, Litecoin slid to a late afternoon intraday low $130.29.

Litecoin fell through the first major support level at $144.9 and the second major support level at $137.4.

Steering clear of the 38.2% FIB of $125, Litecoin broke back through the second major support level to end the day at $143 levels.

The first major support level at $144.9 pinned Litecoin back late in the day.

At the time of writing, Litecoin was up by 1.23% to $145.39. A mixed start to the day saw Litecoin fall to an early morning low $143.54 before rising to a high $145.75.

Litecoin left the major support and resistance levels untested early on.

For the day ahead
Litecoin would need to avoid a fall through the $143.1 pivot level to support a run at the 23.6% FIB of $148 and the first major resistance level at $155.9.

Support from the broader market would be needed, however, for Litecoin to break out from Friday’s high $155.30.

Barring an extended crypto rally, the first major resistance level and resistance at $160 would likely cap any upside.

In the event of an extended breakout, Litecoin could test resistance at $170. The second major resistance level at $168.1.

Failure to avoid a fall through the $143.1 pivot level would bring the first major support level at $138.9 into play.

Barring another extended sell-off, Litecoin should avoid the second major support level at $118.1. The 23.6% FIB of $125 should limit any downside.

Looking at the Technical Indicators
First Major Support Level: $130.9

Pivot Level: $143.1

First Major Resistance Level: $155.9

23.6% FIB Retracement Level: $148

38.2% FIB Retracement Level: $125

62% FIB Retracement Level: $87

Ripple’s XRP
Ripple’s XRP slid by 5.30% on Friday. Following on from a 3.29% decline on Thursday, Ripple’s XRP ended the day at $0.28058.

Tracking the broader market, Ripple’s XRP rose to an early morning intraday high $0.30323 before hitting reverse.

Falling short of the first major resistance level at $0.3088, Ripple’s XRP slid to a late afternoon intraday low $0.26186.

Ripple’s XRP fell through the first major support level at $0.2830 and the second major support level at $0.2702.

Finding late support, Ripple’s XRP broke back through the second major support level to end the day at $0.28 levels.

At the time of writing, Ripple’s XRP was up by 0.23% to $0.28123. A mixed start to the day saw Ripple’s XRP fall to an early morning low $0.27926 before rising to a high $0.28188.

Ripple’s XRP left the major support and resistance levels untested early on.

For the day ahead
Ripple’s XRP will need to move through the $0.2819 pivot level to bring the first major resistance level at $0.3019 into play.

Support from the broader market would be needed, however, for Ripple’s XRP to break back through to $0.30 levels.

Barring another extended crypto rally, the first major resistance and Friday’s high $0.30323 would likely cap any upside.

In the event of another extended rally, Ripple’s XRP could test resistance at the 23.6% FIB of $0.3172 and resistance at $0.32 levels. The second major resistance sits at $0.3233.

Failure to move through the $0.2819 pivot would bring the first major support level at $0.2606 into play.

Barring another extended crypto sell-off, Ripple’s XRP should steer clear of the second major support level at $0.2405.

Looking at the Technical Indicators
First Major Support Level: $0.2606

Pivot Level: $0.2819

First Major Resistance Level: $0.3019

23.6% FIB Retracement Level: $0.6274

38.2% FIB Retracement Level: $0.5285

62% FIB Retracement Level: $0.3687

[MrSpasybo]

January 18th, 2021
It’s a relatively bullish start to the day for the majors. Avoiding a fall through the day’s pivot levels would bring resistance levels into play.

Ethereum
Ethereum rose by 0.43% on Sunday. Following on from a 4.97% rally on Saturday, Ethereum ended the week down by 1.76% to $1.232.99.

A mixed start to the day saw Ethereum rise to an early morning high $1,256.74 before hitting reverse.

Falling short of the first major resistance level at $1,297, Ethereum slid to a late morning intraday low $1,165.78.

Steering clear of the first major support level at $1,155, Ethereum rallied to a late intraday high $1,268.83.

Continuing to fall short of the major resistance levels, Ethereum eased back to end the week at $1,230 levels.

At the time of writing, Ethereum was up by 0.69% to $1,241.47. A mixed start to the day saw Ethereum fall to an early morning low $1,226.38 before striking a high $1,241.88.

Ethereum left the major support and resistance levels untested early on.

For the day ahead
Ethereum would need to avoid a fall through the pivot level at $1,223 to support a run at the first major resistance level at $1,279.

Support from the broader market would be needed, however, for Ethereum to break out from Sunday’s high $1,268.83.

Barring an extended crypto rally, the first major resistance level and resistance $1,300 would likely cap any upside.

In the event of an extended crypto rally, Ethereum could test resistance at $1,400 before any pullback. The second major resistance level sits at $1,326.

Failure to avoid a fall through the $1,223 pivot would bring the first major support level at $1,176 into play.

Barring another extended sell-off, however, Ethereum should steer clear of the 23.6% FIB of $1,051. The second major support level at $1,120 should limit the downside.

Looking at the Technical Indicators
First Major Support Level: $1,176

Pivot Level: $1,223

First Major Resistance Level: $1,279

23.6% FIB Retracement Level: $1,051

38.2% FIB Retracement Level: $866

62% FIB Retracement Level: $566

Litecoin
Litecoin fell by 0.54% on Sunday. Following on from a 0.36% decline from Saturday, Litecoin ended the week down by 16.11% to $142.80.

A mixed start to the day saw Litecoin rise to an early morning intraday high $147.00 before hitting reverse.

Falling short of the 23.6% FIB of $148 and the first major resistance level at $151.03, Litecoin slid to a late morning intraday low $136.29.

Litecoin fell through the first major support level at $137.61 before a brief revisit to $145 levels.

A bearish end to the day, however, saw Litecoin fall back to sub-$143 levels and into the red.

At the time of writing, Litecoin was up by 0.23% to $143.13. A mixed start to the day saw Litecoin fall to an early morning low $142.04 before rising to a high $143.35.

Litecoin left the major support and resistance levels untested early on.

For the day ahead
Litecoin would need to avoid a fall through the $142.0 pivot level to support a run at the first major resistance level at $147.8 and the 23.6% FIB of $148.

Support from the broader market would be needed, however, for Litecoin to break out from Sunday’s high $147.00.

Barring an extended crypto rally, the first major resistance level and 23.6% FIB would likely cap any upside.

In the event of an extended breakout, Litecoin could test resistance at $160. The second major resistance level at $152.74.

Failure to avoid a fall through the $142.0 pivot level would bring the first major support level at $137.1 into play.

Barring another extended sell-off, Litecoin should avoid the 38.2% FIB of $125. The second major support level at $131.3 should limit any downside.

Looking at the Technical Indicators
First Major Support Level: $137.1

Pivot Level: $142.0

First Major Resistance Level: $147.8

23.6% FIB Retracement Level: $148

38.2% FIB Retracement Level: $125

62% FIB Retracement Level: $87

Ripple’s XRP
Ripple’s XRP fell by 0.68% on Sunday. Following on from a 0.36 % decline on Saturday, Ripple’s XRP ended the week down by 11.96% to $0.27732.

Tracking the broader market, Ripple’s XRP rose to an early morning intraday high $0.28552 before hitting reverse.

Falling short of the first major resistance level at $0.2921, Ripple’s XRP slid to a late morning intraday low $0.26854.

Ripple’s XRP fell through the first major support level at $0.2706 before finding support.

Late in the day, Ripple’s XRP broke back through the first major support level to revisit $0.28 levels before easing back.

At the time of writing, Ripple’s XRP was up by 0.20% to $0.27788. A mixed start to the day saw Ripple’s XRP fall to an early morning low $0.27603 before rising to a high $0.27864.

Ripple’s XRP left the major support and resistance levels untested early on.

For the day ahead
Ripple’s XRP will need to avoid a fall back through the $0.2771 pivot level to bring the first major resistance level at $0.2857 into play.

Support from the broader market would be needed, however, for Ripple’s XRP to break back through to $0.2850 levels.

Barring another extended crypto rally, the first major resistance and Sunday’s high $0.28552 would likely cap any upside.

In the event of another extended rally, Ripple’s XRP could test resistance at $0.30 levels. The second major resistance sits at $0.2941.

Failure to avoid a fall back through the $0.2771 pivot would bring the first major support level at $0.2687 into play.

Barring another extended crypto sell-off, Ripple’s XRP should steer clear of sub-$0.26 levels. The second major support level at $0.2601 should limit any downside.

Looking at the Technical Indicators
First Major Support Level: $0.2687

Pivot Level: $0.2771

First Major Resistance Level: $0.2857

23.6% FIB Retracement Level: $0.6274

38.2% FIB Retracement Level: $0.5285

62% FIB Retracement Level: $0.3687